BRF vs BWET

Comparison between VANECK BRAZIL SMALL-CAP ETF (BRF, ETF) and Breakwave Tanker Shipping ETF (BWET, ETF).

BRF vs BWET - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BRF(ETF)	BWET(ETF)
Net Assets	$24M	$24M
Expense Ratio	0.60%	3.50%
Max Drawdown	86.58%	56.90%
Sharpe Ratio	0.70	3.43
5Y Beta	0.79	-0.20
5Y Dividends CAGR	4.96%	N/A

Net Assets

BRF

$24M

BWET

$24M

Expense Ratio

Winner

BRF

0.60%

BWET

3.50%

Max Drawdown

BRF

86.58%

Winner

BWET

56.90%

Sharpe Ratio

BRF

0.70

Winner

BWET

3.43

5Y Beta

BRF

0.79

Winner

BWET

-0.20

5Y Dividends CAGR

BRF

4.96%

BWET

N/A

BRF vs BWET - Holdings Comparison

BRF and BWET have 0 common holdings. Overlap is 0.00%

BRF's top 25 holdings weight is 57.35%. BWET's top 25 holdings weight is 38.40%.

Rank	BRF	BWET
#1	n/a (n/a) - 3.98%	INVESCO SHRT-TRM INV GOV&AGCY INSTL (AGPXX) - 38.40%
#2	BRAVA ENERGIA SA ORDINARY SHARES (n/a) - 3.20%	N/A
#3	CYRELA BRAZIL REALTY SA EMPREEND E PART (n/a) - 2.97%	N/A
#4	n/a (n/a) - 2.95%	N/A
#5	n/a (n/a) - 2.73%	N/A
#6	n/a (n/a) - 2.72%	N/A
#7	MARCOPOLO SA PARTICIPATING PREFERRED (n/a) - 2.54%	N/A
#8	SIGMA LITHIUM CORP (n/a) - 2.54%	N/A
#9	FLEURY SA (n/a) - 2.53%	N/A
#10	ITURAN LOCATION AND CONTROL LTD (ITRN) - 2.38%	N/A
#11	COGNAEDUCACAO SA (n/a) - 2.25%	N/A
#12	n/a (n/a) - 2.21%	N/A
#13	AUREN ENERGIA SA (n/a) - 2.17%	N/A
#14	DIRECIONAL ENGENHARIA SA (n/a) - 2.15%	N/A
#15	ARCOS DORADOS HOLDINGS INC CLASS A (ARCO) - 2.12%	N/A
#16	SYLVAMO CORP ORDINARY SHARES WHEN ISSUED (SLVM) - 2.11%	N/A
#17	BRADESPAR SA PARTICIPATING PREFERRED (n/a) - 2.03%	N/A
#18	KAROON ENERGY LTD (n/a) - 1.90%	N/A
#19	JHSF PARTICIPACOES SA (n/a) - 1.86%	N/A
#20	n/a (n/a) - 1.78%	N/A
#21	BRADSAUDE SA (n/a) - 1.73%	N/A
#22	n/a (n/a) - 1.64%	N/A
#23	n/a (n/a) - 1.64%	N/A
#24	SLC AGRICOLA SA (n/a) - 1.63%	N/A
#25	n/a (n/a) - 1.59%	N/A
Total Holdings	92	1

BRF vs BWET - Historical Returns

Returns include dividend reinvestment.

Period	BRF	BWET
1 month	-7.17%	+14.63%
3 months	-0.59%	+218.06%
6 months	+6.59%	+693.57%
1 year	+22.08%	+1913.60%
5 years(CAGR)	-2.53%	N/A
10 years(CAGR)	+6.83%	N/A
Max(CAGR)	+1.93%	+135.48%

BRF

-7.17%

Winner

BWET

+14.63%

BRF

-0.59%

Winner

BWET

+218.06%

BRF

+6.59%

Winner

BWET

+693.57%

BRF

+22.08%

Winner

BWET

+1913.60%

5Y(CAGR)

BRF

-2.53%

BWET

N/A

10Y(CAGR)

BRF

+6.83%

BWET

N/A

Max(CAGR)

BRF

+1.93%

Winner

BWET

+135.48%

BRF vs BWET - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	BRF	BWET
2026	+7.83%	+967.27%
2025	+54.42%	+94.89%
2024	-32.46%	-37.86%
2023	+47.39%	+15.94%
2022	-10.42%	N/A
2021	-18.53%	N/A
2020	-22.59%	N/A
2019	+34.50%	N/A
2018	-14.38%	N/A
2017	+50.03%	N/A
2016	+66.64%	N/A
2015	-47.24%	N/A
2014	-23.08%	N/A
2013	-29.92%	N/A
2012	+14.92%	N/A
2011	-31.07%	N/A
2010	+21.42%	N/A
2009	+104.01%	N/A

BRF vs BWET Drawdown Comparison

The maximum drawdown for BRF was -82.22%, occurring on Jan 21, 2016. This drawdown has not yet recovered.

The maximum drawdown for BWET was -56.90%, occurring on Jan 6, 2025. Recovery took 606 trading sessions.

The current BRF drawdown is -47.33%. The current BWET drawdown is -5.67%.

Rank	BRF	BWET
#1	-82.22% Apr 21, 2011 - Jan 21, 2016	-56.90% Jun 15, 2023 - Nov 13, 2025
#2	-24.81% Jan 11, 2010 - Aug 17, 2010	-30.64% Apr 9, 2026 - May 1, 2026
#3	-15.50% Nov 4, 2010 - Apr 21, 2011	-29.21% May 5, 2026 - May 27, 2026
#4	-12.47% Oct 15, 2009 - Nov 9, 2009	-28.84% Dec 15, 2025 - Jan 9, 2026
#5	-10.76% Jun 11, 2009 - Jul 15, 2009	-21.50% Mar 2, 2026 - Mar 16, 2026
#6	-7.19% Dec 2, 2009 - Dec 31, 2009	-19.47% Mar 30, 2026 - Apr 2, 2026
#7	-6.69% Aug 21, 2009 - Sep 8, 2009	-12.62% May 16, 2023 - Jun 9, 2023
#8	-6.65% Oct 13, 2010 - Nov 3, 2010	-10.03% Jan 14, 2026 - Jan 29, 2026
#9	-6.10% Aug 5, 2009 - Aug 20, 2009	-9.66% May 3, 2023 - May 10, 2023
#10	-4.89% Jun 2, 2009 - Jun 11, 2009	-8.94% Nov 25, 2025 - Dec 11, 2025
#11	-3.40% Nov 9, 2009 - Nov 16, 2009	-8.47% Feb 6, 2026 - Feb 17, 2026
#12	-3.18% Sep 16, 2009 - Sep 30, 2009	-7.83% Mar 24, 2026 - Mar 26, 2026
#13	-3.11% Nov 17, 2009 - Nov 25, 2009	-5.43% Nov 13, 2025 - Nov 20, 2025
#14	-3.08% May 19, 2009 - May 26, 2009	-5.20% Jan 30, 2026 - Feb 6, 2026
#15	-2.44% Sep 30, 2009 - Oct 5, 2009	-4.44% Jan 9, 2026 - Jan 13, 2026